Bank of Japan's Kuroda rules out 'helicopter money'

Jul 21, 2016

Bank of Japan's Kuroda rules out 'helicopter money'

Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using “helicopter money” — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs. Japanese markets have risen this month on speculation that authorities, ...

Jul 7, 2016

Bank of Japan cuts assessment of two regional economies

The Bank of Japan downgraded its economic assessment of two of the country’s nine regions on Thursday, citing damage caused by the Kyushu earthquakes in April and slowing personal consumption amid falling share prices. The central bank downgraded its assessment of the Chugoku region ...

Kuroda should drop two-year inflation target: former BOJ director

Jun 7, 2016

Kuroda should drop two-year inflation target: former BOJ director

The Bank of Japan should abandon its two-year time frame for achieving 2 percent inflation to avoid the pressure of having to take more drastic measures to reach the distant goal, a former BOJ executive director has said. “It’s already conducting very bold stimulus,” ...